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Community rail, National Express, All of UK
National Express highlights challenge of £15m lost concessionary coach revenue
James Dark
National Express Group has highlighted that the government’s decision to scrap concessionary travel programmes for coach passengers in November 2011 will cost its coach division £15m of lost revenue in 2012. In its first quarter trading statement, the group said that “mitigating the lower profit” that the reduced revenue would cause would be the coach division’s major challenge in 2012. Initial progress following the launch of National Express’s own...
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